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Cryptocurrency News Articles

Clusters: A Cross-Chain Naming Service Revolutionizing the Web3 Ecosystem

Jul 22, 2024 at 09:43 pm

Launched in February 2024, Clusters is rapidly emerging as a crucial innovation in the web3 ecosystem by offering a universal namespace.

Clusters: A Cross-Chain Naming Service Revolutionizing the Web3 Ecosystem

Crucial Innovation: Clusters Introduces Cross-Chain Naming Service

With the rapid evolution of the web3 ecosystem, the need for a universal naming service has become increasingly apparent. Earlier solutions, such as the Ethereum Name Service (ENS), offered a partial solution by simplifying blockchain addresses within the Ethereum Mainnet. However, as multiple blockchains emerged, the limitations of these earlier naming services became evident.

Enter Clusters, a cross-chain naming service that is revolutionizing the way users interact with multiple blockchains. Launched in February 2024, Clusters is powered by LayerZero technology and provides a single, unified namespace that can be used across multiple blockchain networks. This includes major chains like Bitcoin (BTC), Ethereum (ETH), and Solana (SOL).

By offering a universal name that users can utilize across different blockchains, Clusters aims to reduce errors and simplify transactions. Each wallet linked to a user’s Cluster name is distinguished by a unique suffix, ensuring clear identification and reducing confusion during transactions.

Moreover, Clusters enhances the user experience by offering a profile page at clusters.xyz/yourclustername. This page allows users to manage their linked addresses and connect their social media profiles, providing a comprehensive overview of their digital identity. Additionally, the profile page displays the combined value of the user’s multichain assets, which users can choose to hide for privacy. This feature aims to create a seamless web3 experience by integrating a single name and profile that functions across various decentralized applications (dApps) and blockchain ecosystems.

Currently, Clusters is integrated with over 46 networks, providing users with a consistent name across these platforms. This extensive integration includes several prominent dApps such as Stargate, Tapioca, Yearn, Bebop, Gas.zip, and Omnicat, which have adopted Clusters for asset transfers and address replacement. The adoption of Clusters by these dApps highlights the growing acceptance and utility of a cross-chain naming service in enhancing user experience and streamlining blockchain interactions.

Since its inception, Clusters has registered over 125,000 names, reflecting its rapid growth and the increasing demand for a universal naming service in the web3 space. Users can register names on Clusters for 0.01 ETH, excluding gas fees, making it an accessible solution for a wide range of blockchain users. The affordability and ease of registration have contributed to its popularity, enabling users to secure a unique digital identity that spans multiple blockchain networks.

News source:www.cointrust.com

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